Zumiez

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Zumiez, Inc.
TypePublic
Traded asNASDAQZUMZ
IndustryClothing Stores
Founded1978
HeadquartersLynnwood, Washington, USA
Number of locations505 (April 2013) [1]
Area servedUnited States, Canada
Key peopleThomas D. Campion
Chairman of the Directors
Richard M. Brooks
CEO Director
ProductsAction sports clothing
RevenueIncrease $ 408.67 million - 2008
Operating incomeDecrease $ 24.61 Million - 2008
Net incomeDecrease $ 17.20 Million - 2008
Total assetsIncrease $ 233.35 Million - 2008
Total equityIncrease $ 177.95 Million - 2008
Employees1,650 - October 2009
WebsiteZumiez.com
 
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Zumiez, Inc.
TypePublic
Traded asNASDAQZUMZ
IndustryClothing Stores
Founded1978
HeadquartersLynnwood, Washington, USA
Number of locations505 (April 2013) [1]
Area servedUnited States, Canada
Key peopleThomas D. Campion
Chairman of the Directors
Richard M. Brooks
CEO Director
ProductsAction sports clothing
RevenueIncrease $ 408.67 million - 2008
Operating incomeDecrease $ 24.61 Million - 2008
Net incomeDecrease $ 17.20 Million - 2008
Total assetsIncrease $ 233.35 Million - 2008
Total equityIncrease $ 177.95 Million - 2008
Employees1,650 - October 2009
WebsiteZumiez.com

Zumiez is a based, specialty clothing store founded by Tom Campion and Gary Haakenson in 1978, and publicly traded since 2005. "Offering gear and clothing for the skater, snowboarder, and surfer,"[2] Zumiez sells action-sports related clothing and has created an image based around action sports like skateboarding, snowboarding, and motocross. Zumiez is based in Lynnwood, Washington. The current president and CEO is Richard Brooks.[3]

Originally named "Above the Belt" when the first store was opened at Seattle's Northgate Mall in 1978, the company grew quickly through the early 80's with the addition of stores at Everett Mall (Everett, WA), Alderwood Mall (Lynnwood, WA), Tacoma Mall (Tacoma, WA) and Bellevue Square (Bellevue, WA). The mid and late Eighties brought new stores online outside of the Puget Sound area and the corporate name change to Zumiez. The corporate office was moved from Everett, WA to Lynnwood, WA in 2012.

Stores[edit]

There are currently over 505 Zumiez stores across the United States and Canada. Zumiez is a big step forward in fashion[4] Coquitlam Centre will be the first Canadian shopping center with a Zumiez.[5] Zumiez is a leading retailer for lifestyle brands centering on action sports such as skateboarding, snowboarding, BMX, and motocross.[6]

Image[edit]

Zumiez stores are designed with an "organized chaos" theme that "that is consistent with many teenagers' lifestyles."[7] Zumiez stores are stocked with couches and video games to encourage customers "to shop for longer periods of time and to interact with each other and the store associates." Each store is approx. 2,900 sq. feet.[3] The stores generally feature the sales floor, a couch with video games and television, changing rooms, and a 'skate shop.' However, this plan may be modified based on space restrictions.

Couch Tour[edit]

Each year, Zumiez travels to 12 "full stops" as part of its annual Couch Tour. Entertainment includes live bands, professional skateboarding demos, and a competition featuring local amateurs.[8] The stops usually take place at the mall where local Zumiez stores are located. Entry to the event is free.

Best Foot Forward[edit]

As part of the Couch tour, since Zumiez doesnt sponsor riders themselves, they join up with major players in the skate industry and offer a opportunity where Amateur skaters can enter and compete for a sponsorship from a different major brand every year. 2013 sponsors included Bones and Enjoi as well as Loser Machine providing the "trophies" for each stop of the contests winners. [9]

Financial[edit]

The company purchased the clothing company Fast Forward in 2006. As well as Blue Tomato in 2012. [10]

Notes and references[edit]

  1. ^ Zumiez Inc. Announces Fiscal 2012 Second Quarter Results
  2. ^ Westfield - Capital
  3. ^ a b Zumiez Investor Relations - Company Profile
  4. ^ http://business.transworld.net/38890/news/zumiez-expands-into-canadian-market/
  5. ^ http://coquitlamcentre.com/store-directory/store/zumiez-0
  6. ^ http://ir.zumiez.com/phoenix.zhtml?c=188692&p=irol-homeprofile
  7. ^ SEC Form 424B4
  8. ^ http://www.zumiezcouchtour.com/about
  9. ^ http://www.zumiezbestfootforward.com
  10. ^ Puget Sound Business Journal

External links[edit]